July 30, 2013

Australian government has squandered spoils of mining boom: Grattan Institute

Country has not saved enough from the largest income boost it has ever seen.

July 29, 2013

Simandou railway shows how ‘politics can interfere with economics’ in Africa

Simandou is one of the richest concessions in all of mining with in excess of 26 billion tonnes of high grade iron ore.

July 29, 2013

Brazil new mining code ‘too rushed to be good’— critics

President Dilma Rousseff is allowing only 90 days for public debate on the new law draft.

July 29, 2013

Cardero shareholders rush for exits after creditors allege default

Vancouver explorer, already down 80% this year fell again on Monday after note holders demanded payment after alleged defaults.

July 26, 2013

JP Morgan flees physical commodities trading

"The abrupt move marks a sharp reversal for the bank that had pushed aggressively into the sector since 2008."

July 26, 2013

Anglo’s Cutifani won’t take ‘unacceptably poor’ performances any longer: heads may roll

He also cut down his executive team and said at least half of Anglo’s $17 billion project pipeline will be shelved or cancelled.

July 26, 2013

Cliffs Natural Resources hit with 40% sales margin drop in Q3

Maintains most production and sales forecasts

July 25, 2013

Aussie iron ore baron gets OK to build world’s biggest dinosaur park

Unfortunately, the dinosaur replicas must be maximum six metres high, except for a Ruyangosaurus which will stand 10 metres tall. Loud roaring is also interdicted.

July 25, 2013

Junior miners going bust? CEOs weigh in on state of the industry

Following an 18-month downdraft in the sector, many investors have tough questions for these management teams.

July 24, 2013

The iron ore slice of the $1 trillion Afghanistan resource pie

Roughly 1.2 billion tonnes of iron ore.